LION ROCK Makes New GOLD Discovery at Volney , South Dakota
200 Burrard Street, Suite 1615, Vancouver, BC, V6C 3L6
LION ROCK MAKES NEW GOLD DISCOVERY AT VOLNEY , SOUTH DAKOTA
Vancouver, British Columbia – April 8, 2026 – Lion Rock Resources Inc. (TSX-V: ROAR, FSE: KGB,
OTCQB: LRRIF) (the “Company”) is pleased to announce a new gold discovery at the Volney Project
in South Dakota. The majority of drill holes returned wide, continuous intervals of gold mineralization
in multiple distinct zones. Together, the zones comprise a gold strike of 500 m in length, 400 m in
width, and 200 m in depth (Figures 1-3). All zones remain open in every direction.
News Highlights
• New Gold Discovery: Multiple distinct gold-mineralized zones identified across the Volney
property. All zones remain open for expansion.
• Scale Confirmed: Phase 1 drilling has confirmed gold mineralization across 500 m of an
interpreted 1.6 km strike length, 400 m of width, and to 200 m vertical depth. The system
remains open in all directions.
• 100% Hit Rate: All nine drill holes returned gold mineralization (Table 1).
• Grade Concentration Within Width: Higher-grade cores consistently nested within
broader mineralization, including 10.9 m @ 2.0 g/t Au within 24.8 m @ 0.8 g/t Au (VOL25-
006) and 4.6 m @ 2.1 g/t Au within 36.5 m @ 0.5 g/t Au (VOL25-002)
• Stacked Zones at Depth: VOL25-006 and VOL25-009 intersected multiple gold-bearing
intervals at different depths within the same hole, indicating continuity favourable for
resource development.
• Near-Surface, Bulk-Tonnage Potential: The geometry and near-surface position of the
mineralization is conducive to low-cost, bulk mining methods.
• Additional High Priority Targets Remain: Phase one drilling focused on just one high
priority region of Volney. Advanced analysis of drill results and recent, comprehensive
sampling, highlights strong potential for multiple gold-bearing zones distributed across the
property.
• Further Assays: Critical mineral assays remain pending for additional holes and will be
announced when received.
Dale Ginn, President and CEO of Lion Rock, stated, “This new gold discovery at Volney is a
transformational result for Lion Rock. The fact that our very first round of drilling has established a
strike approximately 500 meters long, 400 meters wide, and 200 meters deep, points to a richly
mineralized gold system.
200 Burrard Street, Suite 1615, Vancouver, BC, V6C 3L6
It is important to add that this gold discovery sits within the same property host ing our recently
confirmed critical mineral system containing multiple US Critical Minerals. Volney is demonstrating
the scale and multi-commodity diversity that sets it apart from single-commodity exploration plays.”
Figure 1. Plan map of the Volney Project highlighting Phase 1 drill hole locations and multiple newly
identified gold-mineralized zones, demonstrating the scale and expansion potential of the discovery.
200 Burrard Street, Suite 1615, Vancouver, BC, V6C 3L6
Gold Assay Results
Table 1. Gold assay highlights from initial Phase 1 drilling at the Volney Project, South Dakota.
Hole ID From (m) To (m) Length (m) Au (g/t)
VOL25-002 12.5 48.9 36.5 0.5
including 12.5 17.0 4.6 2.1
VOL25-002 90.0 92.0 2.0 2.8
VOL25-003 12.2 17.0 4.8 1.0
VOL25-003 85.3 89.8 4.4 1.4
including 85.3 86.8 1.5 2.0
VOL25-006 245.5 249.6 4.1 1.0
VOL25-006 261.6 286.4 24.8 0.8
including 267.5 278.4 10.9 2.0
VOL25-007 109.9 111.0 1.1 1.0
VOL25-009 92.6 94.2 1.6 4.1
VOL25-009 129.0 140.2 11.2 1.1
VOL25-009 145.0 151.5 6.5 1.0
VOL25-010 130.0 131.0 1.0 3.4
VOL25-011 277.0 284.5 7.5 1.0
VOL25-013 57.8 81.0 23.2 1.1
VOL25-014 26.0 28.0 2.1 5.0
Note: Reported intervals are downhole lengths. True widths are unknown. Reported grades are uncut and no capping has
been applied. Analytical methods and QA/QC protocols are described below.
200 Burrard Street, Suite 1615, Vancouver, BC, V6C 3L6
Figure 2. Oblique 3D view of the Volney Project, looking north-northwest, highlighting drill hole traces,
multiple gold-mineralized zones, pegmatite bodies, and selected gold assay intervals.
200 Burrard Street, Suite 1615, Vancouver, BC, V6C 3L6
Figure 3. Cross section through the Rough & Ready target area, looking northwest, showing stacked
gold-mineralized intervals, selected assay results, and pegmatite intervals.
The technical content of this news release has been reviewed and approved by Carl Ginn, P .Geo.,
consultant to the Company and a Qualified Person pursuant to National Instrument 43-101.
Quality Assurance / Quality Control (QA/QC)
The QA/QC protocol on the Volney property has been designed to follow industry best practices.
Certified reference material and blank material were inserted at a rate of approximately 4% each. In
addition, pulp and coarse duplicates were collected for appr oximately 10% of samples to assess
consistency in mineralization and laboratory analysis.
All drill core samples were submitted to SGS Laboratories in Denver, Colorado, an independent and
SO/IEC 17025-accredited facility, for sample preparation. Samples were dried at 105°C, crushed to
75% passing 2 mm, riffle split into a representative sample and a 500 g course reject, then pulverized
to 85% passing 75 microns. Samples prospective for Lithium mineralization were submitted for 57 -
element sodium peroxide fusion ICP -AES/ICP-MS analysis (GE_ICM91A50). Gold prospective
samples were analysed using 3 0 g fire assay with atomic absorption spectrometry finish
(GE_FAA30V5) and 0.25g 33 -element analysis by four -acid digest with an atomic emission
spectroscopy finish (GE_ICP40Q12). Analysis was conducted at SGS Canada’s Burnaby facility.
200 Burrard Street, Suite 1615, Vancouver, BC, V6C 3L6
About Lion Rock Resources Inc.
Lion Rock Resources Inc. is a Canadian mineral exploration company committed to advancing high-
grade gold and lithium projects across North America. The Company’s flagship asset, the Volney
Project, is located in South Dakota’s Black Hills, a mining -friendly jurisdiction surrounded by active
gold operations. The Company is led by an award-winning team with a proven track record of mineral
discoveries, project development, and financing.
On Behalf of the Board
R. Dale Ginn, President & Chief Executive Officer
O: 604-678-5308
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of
the TSXV Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Caution Regarding Forward-Looking Information
Certain statements contained in this news release may constitute “forward -looking information” within the
meaning of Canadian securities legislation. Forward-looking information is often, but not always, identified by
the use of words such as “anticipate” , “plan” , “estimate” , “expect” , “may” , “will” , “intend” , “should” , “potential” ,
“indicative” and similar expressions. Forward -looking information involves known and unknown risks,
uncertainties and other factors that may cause actual results or events to di ffer materially from those
anticipated in such forward -looking information. Such forward -looking information is based on the current
expectations of management of the Company. The Company’s actual results could differ materially from those
anticipated in this forward-looking information as a result of risks and uncertainties, including without limitation
risks and uncertainties inherent in the exploration and development of mineral properties, fluctuations in
commodity prices, counterparty risk, market cond itions, regulatory decisions, competitive factors in the
industries in which the Company operates, prevailing economic conditions, changes to the Company’s
strategic growth plans, and other factors, many of which are beyond the control of the Company. The Company
believes that the expectations reflected in the forward -looking information are reasonable, but no assurance
can be given that these expectations will prove to be correct and such forward-looking information should not
be unduly relied upon. In mak ing the forward -looking statements in this press release, the Company has
applied several material assumptions. Any forward -looking information contained in this news release
represents the Company’s expectations as of the date hereof and is subject to cha nge after such date. The
Company disclaims any intention or obligation to update or revise any forward-looking information whether as
a result of new information, future events or otherwise, except as required by applicable securities legislation.